1,397 hedge funds and large institutions have $23.2B invested in Hershey in 2025 Q4 according to their latest regulatory filings, with 169 funds opening new positions, 442 increasing their positions, 525 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more funds holding in top 10

Funds holding in top 10:

more funds holding

Funds holding:

0.69% more ownership

Funds ownership: 85.3%85.98% (+0.69%)

2% less capital invested

Capital invested by funds: $23.6B → $23.2B (-$465M)

16% less repeat investments, than reductions

Existing positions increased: 442 | Existing positions reduced: 525

Holders
1,397
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$322M
Puts
$276M
Net Calls
Net Calls Change

Top Buyers

1 +$163M
2 +$140M
3 +$105M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$102M
5
Squarepoint
Squarepoint
New York
+$88.1M

Top Sellers

1 -$270M
2 -$183M
3 -$181M
4
Macquarie Group
Macquarie Group
Australia
-$106M
5
UBS Group
UBS Group
Switzerland
-$88.5M
Name Holding Trade Value Shares
Change
Change in
Stake
TL
851
Tradewinds LLC
North Carolina
$419K
Connor, Clark & Lunn Investment Management (CC&L)
852
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$416K
FG
853
Foster Group
Iowa
$416K
BIG
854
Brooklyn Investment Group
New York
$415K
RA
855
RFG Advisory
Alabama
$412K
SSWM
856
Sheets Smith Wealth Management
North Carolina
$411K
MAS
857
Meeder Advisory Services
Ohio
$410K
SP
858
Stablepoint Partners
Massachusetts
$410K
BIG
859
Brookwood Investment Group
Arizona
$404K
RWM
860
Ritholtz Wealth Management
New York
$403K
TE
861
Tema ETFs
New York
$402K
IA
862
Insight Advisors
Pennsylvania
$400K
DSC
863
Duncker Streett & Co
Missouri
$399K
CAG
864
Csenge Advisory Group
Florida
$396K
EFS
865
Essex Financial Services
Connecticut
$396K
VPWA
866
Vestia Personal Wealth Advisors
Indiana
$396K
WAM
867
Wakefield Asset Management
Colorado
$396K
AAM
868
Aureus Asset Management
Massachusetts
$395K
EMAM
869
Encompass More Asset Management
California
$392K
NG
870
Northstar Group
New York
$392K
SCA
871
Snowden Capital Advisors
New York
$390K
WAM
872
Weatherly Asset Management
California
$390K
IFS
873
Intelligent Financial Strategies
Minnesota
$388K
MA
874
Mutual Advisors
Nebraska
$387K
EGA
875
Eagle Global Advisors
Texas
$386K